Copart Inc's current portion of long-term debt for the quarter that ended in Apr. 2015 was $65 Mil. Copart Inc's long-term debt for the quarter that ended in Apr. 2015 was $600 Mil. Copart Inc's total equity for the quarter that ended in Apr. 2015 was $1,136 Mil. Copart Inc's debt to equity for the quarter that ended in Apr. 2015 was 0.59.

A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.

Definition

Debt to Equity measures the financial leverage a company has.

Copart Inc's Debt to Equity Ratio for the fiscal year that ended in Jul. 2014 is calculated as

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